Showing 1 to 28 of 28

4. Credits:
A) Increase current assets.
1) Authorized stock is:
A) The term used when a corporation has only one class of stock.
B) The number of shares that a corporation's charter allows it to sell.
C) The stock the corporation sells on the market.
D) A

1. Merchandise inventory includes:
a. All goods owned by a company and held for sale
b. All goods in transit
c. All goods on consignment
d. Only damaged goods
e. All of the above
1
2
1.
Given the following items and costs as of the balance sheet date, de

A company had a beginning balance in
retained earnings of $43,000. It had net
income of $6,000 and paid out cash
dividends of $5,625 in the current period.
The ending balance in retained earnings
equals:
d.
$43,375
2
1 1
The total amount
of cash and ot

Tutorial 5
1.In Excel, a collection of similar data can be structured in a(n) _range_ of rows and columns. EX
236
2. Press _Ctrl + home_ to return to cell A1 in a worksheet. EX 238
3. _top_ rows and columns lets you keep headings on the screen as you work

1
1.
Accounting is an information and measurement system that:
Identifies business activities.
Records business activities.
Communicates business activities.
Helps people make better decisions.
All of the above.
1
2
1.
The primary objective of financial

Accounting is an information and measurement system that:
All of the above.
2
1 1
The primary
objective of
financial
accounting is to:
3
1 1
The rules
adopted by the
accounting
profession as
guides in
preparing
financial
statements are:
4
1 1
Th

1
1 1
The accounting
principle that
requires revenue
to be reported
when earned is
the:
2
1 1
Adjusting
entries:
3
1 1
The approach to
preparing
financial
statements
based on
recognizing
revenues when
they are earned
and the
matching
expenses to

Merchandise inventory includes:
2
1 1
Given the
following items
and costs as of the
balance sheet
date, determine
the value of
Faltron Company's
merchandise
inventory.
$1,000 goods sold
by Faltron to
another company.
The goods are in
transit and
shippi

1. A company had a beginning balance in retained earnings of $43,000. It had net
income of $6,000 and paid out cash dividends of $5,625 in the current period. The
ending balance in retained earnings equals:
a. $108,625
b. $(12,625)
c. $11,375
d. $43,375
e

Tutorial 1. Creating a Database
2 exams have a screen shot of a simple table and questions ask you to identify the parts
1 exam has a screen shot of a Query wizard dialog box and questions ask you to identify the parts and
what happens if a specific actio

Tutorial 5
Session 5.1 - Excel Table
Field: which describes some characteristic of a person, place or thing
Header row: The first row of the range contains field names called the header row.
Record: which is a collection of related fields that are grouped

Summary 1.1
Key word : Ctrl+home active cell returns to the first cell in the worksheet cell A1
Find & Select button use to Go To cells
Hold down the Alt key and press the Enter key, and then release both keys. The insertion
point moves to a new line with